well well well. For the last couple of years, nqcowboy has repeatedly bagged macquarie for a multitude of (ridiculous) reasons.
Look who's now jumped on the bandwagon.
BTW, Moss made macquarie what it is. You underestimate the people there. If the people leave the bank will struggle.
IMHO mbl is probably worth around $30 factoring in some reasonable growth going forward and taking into account market pe's now.
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